This statistic shows the results of a 2016 survey in which respondents in the United Kingdom (UK), who had never used peer-to-peer networks to either lend or borrow money, were asked what the main factors were behind their choice not to use the platform. Of respondents, 53 percent had a lack of trust in the reliability of investing in peer-to-peer (P2P) lending and 48 percent thought that there was a lack of regulations in the process.
How influential are the following in your choice to not lend or borrow via P2P networks?
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
TSYS. (March 17, 2016). How influential are the following in your choice to not lend or borrow via P2P networks? [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/
TSYS. "How influential are the following in your choice to not lend or borrow via P2P networks?." Chart. March 17, 2016. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/
TSYS. (2016). How influential are the following in your choice to not lend or borrow via P2P networks?. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/
TSYS. "How Influential Are The following in Your Choice to Not Lend or Borrow via P2p Networks?." Statista, Statista Inc., 17 Mar 2016, https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/
TSYS, How influential are the following in your choice to not lend or borrow via P2P networks? Statista, https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/ (last visited November 22, 2024)
How influential are the following in your choice to not lend or borrow via P2P networks? [Graph], TSYS, March 17, 2016. [Online]. Available: https://www.statista.com/statistics/747888/peer-to-peer-lending-inhibitors-in-the-united-kingdom/
